February 8, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $21.3$19.5 $77.5 $71.3 FFO/shr (diluted) $0.79 $0.73 $2.88 $2.67 Extra Gain (Loss) $1.8 $(2.2) $4.4 $(0.01) Net Income (Mln) $6.8 $3.0 $18.5 $19.5 Net/shr$0.29 $0.13 $0.78 $0.82 Revenue (Mln)$68.8...

February 8, 2001 (NewsTraders.com) – Basing the move on her conviction that the JDN Realty Corp. (NYSE:JDN) story has stabilized, A.G. Edwards & Sons analyst Ann Melnick upgraded the stock Thursday to "maintain" from "sell," with the quip,...

February 8, 2001 Banc of America Large Loan Inc., Series 2001-FMClassAmount($mln)RatingS&PRatingMoody'sAvg.LifePriceTalk(BP)Priced(BP)BenchMarkA-133.1AAAAaa5.8+38-40+42SwapsA-2136.9AAAAaa9.8+52-55+57SwapsB27AAAa29.8+67-70+72SwapsC30.9AA29.8+82-85+85SwapsD35.55BBBBaa29.8+125 area+125SwapsE6.26BBB-Baa39.8+165-170+165SwapsX*263.45AAAAaa8.94+275 area+275T. curve* Interest only.

February 8, 2001 SAN FRANCISCO – Citadon Inc. has acquired Madison Real Estate Technologies, an affiliate of Trepp LLC, and will incorporate Madison's software into an online lending application that it is developing.The lending platform will enable financial...

February 8, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $13.0$10.1 $46.6 $39.0 FFO/shr (diluted) $0.83 $0.73 $3.17 $2.82 Net Income (Mln) $7.4 $5.1 $26.0 $22.1 Net/shr$0.41 $0.30 $1.52 $1.46 Revenue (Mln)$30.0 $23.2 $106.9$86.3 Shares Outstanding (Mln)15.7 13.9 14.7...

February 8, 2001 HORSHAM, Pa. – GMAC Commercial Mortgage has provided $33 million of fixed-rate financing to the owner of four Pennsylvania office properties.The 10-year financing, which amortizes over 30 years, was provided to SFN PA LLC. The...

February 7, 2001NEW YORK – Fitch has upgraded four classes of J.P. Morgan Commercial Mortgage Finance Corp., 1995-C1 as a result of the prepayment of the largest loan in the collateral pool.The rating agency had previously downgraded the...

February 7, 2001 INDIANAPOLIS – Forrest Robinson has resigned as regional executive vice president of Duke-Weeks Realty Corp.'s (NYSE:DRE) Florida division to pursue other opportunities. Rich Horn, president of Duke-Weeks, will temporarily take over Robinson's duties.Robinson joined the...

February 7, 2001 Commercial Real Estate DirectAs expected, the year's first commercial mortgage-backed securities conduit transaction, Morgan Stanley Dean Witter Capital I Trust, Series 2001-TOP1, has officially come to market.The $1.2 billion transaction is backed by 161 loans...

February 7, 2001 Developer looks for JV partner for Miami Beach developmentThe Wall Street Journal, February 7 MIAMI BEACH, Fla. – Gilberto Bomeny has hired CB Richard Ellis to help find a joint venture partner to develop a...

February 7, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $10.0$9.8 $39.8 $37.4 FFO/shr (diluted) $1.02 $0.96 $4.01 $3.66 Net Income (Mln) $4.8 $5.8$29.1 $20.5 Net/shr$0.49 $0.57 $2.93 $2.01 Revenue (Mln)$31.5 $29.6 $122.5$114.3 Shares Outstanding (Mln)9.9 10.2 9.9 10.2

February 7, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $76.5$64.4 $239.5 $191.6 FFO/shr (diluted) $1.39 $1.22 $4.42 $4.02 Extra Gain (Loss) $ -- $ -- $ --$(13.8)Net Income (Mln) $44.3 $32.3 $113.5 $76.7 Net/shr$0.85 $0.62 $2.18 $1.67 Revenue...

February 7, 2001 Office space tight in OttawaOttawa Sun, February 7OTTAWA – Ottawa is at risk of losing business to other North America high-tech centers unless it can come up with more space quickly. Firms looking for large...

February 7, 2001 (NewsTraders.com) – Declaring that General Growth Properties (NYSE:GGP) is "back in the penalty box," Salomon Smith Barney analyst Jonathan Litt downgraded the REIT to outperform from buy.Litt said the company's fourth-quarter FFO of $1.39 per...

February 7, 2001 (NewsTraders.com) – BRT Realty Trust (NYSE:BRT) said Wednesday that it has nominated its chief executive officer, Frederick Gould, for a director's slot on the board of Entertainment Properties Trust (NYSE:EPR), a fellow real estate investment...

February 7, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $62.4$63.8 $61.7 $131.1 FFO/shr (diluted) $0.94 $0.87 $4.29 $3.81 Net Income (Mln) $41.3 $23.5 $61.7 $131.1 Net/shr$0.66 $0.26 $0.67 $1.57 Revenue (Mln)$151.5 $117.8 $556.7$504.0 Shares Outstanding (Mln)53.2 65.5 55.5...

February 7, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $17.5$18.7 $71.5 $59.5 FFO/shr (diluted) $0.32 $0.32$1.28 $1.25 Extra Gain (Loss) $(0.2) $ -- $22.9 $ -- Net Income (Mln) $0.05 $1.9 $27.8 $17.7 Net/shr$0.00 $0.05 $0.77 $0.45 Revenue...

February 7, 2001SAN FRANCISCO - Equityhound, the online investment bank, is merging with Wall Street Realty Capital, a real estate investment banking firm.The merger will allow Equityhound to expand its business to include both retail and institutional equity...

February 7, 2001 NEW YORK – Fitch has made some management changes to its structured finance groups in Japan and Australia and plans to make more hires in Asia soon.Huxley Somerville, managing director in Fitch's US CMBS group,...

February 7, 2001 NEW YORK - Standard and Poor's has lowered its rating on New Plan Excel Realty Trust to triple-B from triple-B-plus. The outlook is stable.In addition, ratings were lowered on the company's $870 million outstanding securities.The...

February 7, 2001NEW YORK – The number of commercial mortgage-backed securities with delinquencies continue to climb, but still remain at low levels overall, according to Standard & Poor's recent issue CMBS Quarterly Insights.In 2000, 65 transactions contained delinquencies...

February 7, 2001 AUBURN, Maine – GMAC Commercial Mortgage Corp. has provided $28.5 million in permanent financing for a retail property owned by Botsivalis Corp.The company received the fixed-rate loan for a 23,500-square-foot OfficeMax store, which sits on...

February 7, 2001 (NewsTraders.com) – The war of words between investor Robert Chapman and American Community Property Trust (AMEX:APO) appears to have escalated, according to paperwork released by the SEC.In the amended Schedule 13D filing, Chapman, who with...

February 7, 2001 ATLANTA - Cousins Properties Inc. (NYSE:CUZ)has decided to repurchase up to 2 million shares of common stock before Jan. 1, 2003.The company can repurchase the stock in open market transactions and in negotiated and block...

February 7, 2001NEW YORK – Moody's has upgraded three classes of DLJ Mortgage Acceptance Corp., 1994-MF11 and affirmed the ratings of four other classes because of credit enhancement improvements due to prepayments. The rating agency upgraded the deal's...